It is currently used mostly for football matches and is the home ground of Gandzasar and Syunik.

With a capacity of 3,500,[1] Gandzasar Stadium is located at the centre of the town of Kapan, on the left bank of Voghji River, between Aram Manukian and Hovhannes Tumanyan streets.

It remained under the ownership of the town council until 2004, when it was privatized and sold to the Gandzasar Sprts Centre LLC owned by Gagik Ohanjanyan.

The playing pitch was modernized and new seats were installed.

The average attendance at the stadium for FC Gandzasar Kapan at the Armenian Premier League matches is 1,500 spectators.